GBP/USD remains under pressure at 1.2850 What happened? GBP/USD is struggling to gain ground above the 1.2850 level after a sharp decline at the start of the week. The pair is currently trading between the 100 and 200 Exponential Moving Average (EMA), with oscillators signaling bearish momentum. Traders are now waiting for the release of…
My Rollercoaster of Emotions with Yen and Dollar Let’s Talk Numbers So, the yen dropped against the dollar on Friday. It was like watching a tennis match, my head moving back and forth as I tried to keep up with the numbers. 139.74? 141.95? It felt like I was living in a math maze, trying…
USD/CHF Back-and-Forth Moves European Session Update The USD/CHF pair is currently showing back-and-forth movements around the 0.8660 level in the European trading session. The Swiss Franc asset has been navigating through the market woods following a sharp rally near 0.8680. This sideways movement comes as investors eagerly await the upcoming interest rate decision by the…
Gold Price (XAU/USD) remains pressured at $1,9170 Introduction On early Friday morning in Asia, the Gold Price (XAU/USD) remains pressured at $1,9170 after reversing from a nine-week high. Market players are seeking more clues to justify the latest pullback in the metal’s prices. Despite the retreat, the XAU/USD remains on the way to posting the…
Quirky Tales of Silver Prices and Economic Woes A Day in the Life of XAG/USD Spot Price Once upon a time, in the whimsical world of financial markets, the XAG/USD silver spot price dropped towards the $24.80 area, recording 1.28% losses on a Thursday. It seems like our beloved grey metal had a bit of…
Unlocking the Mystery Behind the USD/CAD Pair What’s Happening with USD/CAD This Week? If you’ve been keeping an eye on the USD/CAD pair, you may have noticed that it’s starting off the week on a positive note. After a good recovery from sub-1.3100 levels, or the lowest since September 2022, spot prices are holding steady…
32 Dead as Severe Weather Ravages South Korea Death Toll Reaches 32 in South Korea Flooding The death toll from massive rainfall and flooding in South Korea has risen to 32 as of early Sunday. South Korean media reported that six bodies were recovered from a flooded tunnel in the central Korean city of Osong…
Reviving Global Efforts to Combat Climate Change The United States and China Join Forces WASHINGTON (Reuters) — The United States and China will look to revive efforts to combat global warming this week, in bilateral meetings that observers hope will raise the bar on ambitions ahead of UN-sponsored climate talks in late 2023. The talks…
